OnePlus May Be Working on Introducing Its Cryptocurrency Wallet, Survey Suggests

OnePlus might be the following massive title within the rising market of cryptocurrencies led by Bitcoin because the Chinese firm is discovered to be conducting a survey on blockchain analysis. The survey is aimed toward getting person suggestions on cryptocurrencies. The firm is asking customers whether or not they have used buying and selling platforms equivalent to Coinbase, Gemini, Robinhood, and Binance. It appears to be a touch at OnePlus venturing into the cryptocurrency platform/ pockets house. Bitcoin and different digital currencies equivalent to Ethereum and Dogecoin have change into fairly common amongst younger smartphone customers, particularly due to the straightforward entry to cryptocurrency buying and selling apps. This may need led OnePlus to think about a local resolution for its customers to not less than retailer cryptocurrencies — if not make investments and commerce.

As initially reported by MySmartPrice, the survey titled OnePlus Blockchain Research suggests the corporate’s curiosity in constructing a product round cryptocurrency. Although the main focus of the survey from its title solely seems to be round understanding the blockchain know-how, a few of the questions obtainable to its respondents trace on the growth of a brand new cryptocurrency platform that might be a pockets to avoid wasting digital property equivalent to Bitcoin.

The survey asks customers about whether or not they spend money on cryptocurrencies and which platforms they use for the funding. It additionally features a query on understanding issues and inconvenience traders have encountered when investing in or holding a cryptocurrency. Further, the corporate is in search of info on whether or not the respondents have used any “software program sizzling wallets” such because the Coinbase Wallet or MetaMask.

Gadgets 360 has reached out to OnePlus for a touch upon the matter and can replace this house when the corporate responds.

Cryptocurrency stays a really risky funding. You would know in case you have been studying about or monitoring Bitcoin worth in India. But nonetheless, firms in tech seem to have plans to step into the cryptocurrency market.

OnePlus rival and one of many main smartphone distributors Samsung has been supporting Bitcoin and different common cryptocurrencies on its Galaxy smartphones because the launch of the Galaxy S10 in February 2019. The South Korean firm gives its Blockchain Wallet to offer assist for the favored cash. It additionally lately up to date the pockets with assist for third-party {hardware} wallets.

A number of days again, Apple was additionally discovered to have curiosity in coming into the cryptocurrency world. The Cupertino-based firm posted a gap for a enterprise growth supervisor with expertise within the cryptocurrency business. It might be to natively begin supporting Bitcoin transactions by Apple gadgets.

That stated, conventional traders nonetheless do not favor investing a lot in cryptocurrencies, owing to their volatility and issues just like the ripple impact, which suggests the drop within the worth of 1 additionally impacts different cryptocurrencies.


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Jagmeet Singh writes about shopper know-how for Gadgets 360, out of New Delhi. Jagmeet is a senior reporter for Gadgets 360, and has ceaselessly written about apps, laptop safety, Internet providers, and telecom developments. Jagmeet is accessible on Twitter at @JagmeetS13 or Email at jagmeets@ndtv.com. Please ship in your leads and suggestions.
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